AutoZone, Inc.

AZO Consumer Cyclical Auto Parts

AutoZone, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $20.3 billion, up 7.39% from fiscal 2025. In the quarter to August 2026, revenue grew 5.64%, EPS grew 14.3%, free cash flow grew 7.88% and total debt rose 3.17%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

3,120.59 60.97 +1.99%
Market cap
$50.0B
P/E
20.0×
Fwd P/E
17.8×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.67
Total sells 38.86
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 3 — — — — 1 — — — — —
Sell — — 4 — — 1 — — — 1 — —
Insider Ownership 0.09%

Capital & Financial Ratios $m

Market Cap 49,950.00
Revenue 20,338.56
Net Income 0.00
Free Cash Flow 1,633.22
Net Debt 8,752.21
Current Ratio 0.90 (below 1: weak)
Debt/Equity (3.63) (negative: negative equity)
P/E ratio 19.97
Fwd P/E 17.80
P/S ratio 2.50
P/B ratio 0.00
Past 5Y EPS Growth 9.89%
This Y EPS Growth 11.90%
Next Y EPS Growth 12.18%
Next Y revenue growth 7.41%
Next 5Y EPS Growth 12.04%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 70.00%
10-year low 10-year high
P/S against its own 10 years 54.07%
10-year low 10-year high
EV/Sales against its own 10 years 55.95%
10-year low 10-year high
EV/FCF against its own 10 years 92.70%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 277 298 272 326
Receivables 520 546 670 —
Inventory 5,764 6,155 7,026 7,736
Other 218 308 374 —
6,779 7,307 8,341 9,106
2023 2024 2025 2026
Payables 7,201 7,356 8,026 8,597
ST’ Debt — — — —
Other — — — —
8,512 8,714 9,519 10,107

Compound Annual Growth %

10y 5y 3y
Sales 6.70% 6.81% 5.22%
Cash Flow 7.08% 2.76% (0.98%)
Earnings 7.56% 3.46% 0.58%
Book Value 0.00% 0.00% 0.00%

Revenue $m

Nov Feb May Aug Year
’26 — — — — —
’26 4,629 4,274 4,841 6,595 20,339
’25 4,280 3,952 4,464 6,243 18,939
’24 4,190 3,859 4,235 6,205 18,490
’23 3,985 3,691 4,091 5,691 17,457
’22 3,669 3,370 3,865 5,348 16,252
’21 3,154 2,911 3,651 4,913 14,630
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Nov Feb May Aug Year
’26 944 373 802 — —
’25 812 584 769 953 3,117
’24 830 434 669 1,070 3,004
’23 794 354 725 1,068 2,941
’22 778 362 843 1,228 3,211
’21 683 356 1,191 1,288 3,519
’20 447 205 651 1,417 2,720
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Nov Feb May Aug Year
’26 630 36 456 — —
’25 565 291 423 511 1,790
’24 603 171 434 723 1,931
’23 689 200 554 702 2,144
’22 690 268 695 886 2,539
’21 568 231 1,057 1,071 2,927
’20 346 116 569 1,243 2,274
Fiscal quarters ending in the months shown.

EPS $

Nov Feb May Aug Year
’26 — — — — —
’26 31.04 27.63 38.07 56.05 152.55
’25 32.52 28.29 35.36 48.71 144.87
’24 32.55 28.89 36.69 51.58 149.55
’23 27.45 24.64 34.12 46.46 132.36
’22 25.69 22.30 29.03 40.51 117.19
’21 18.61 14.93 26.48 35.72 95.19
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to August

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 491.13 590.76 798.41 684.91 1,111.71 1,703.32 2,277.88 2,510.00 3,162.00 2,730.65

Analyst estimates 2027–2029

Powerpack
High 802.15 896.03 1,274.41 1,267.93 2,110.00 2,610.05 2,750.00 3,416.71 4,388.11 3,887.03
People
People Employees 87,000 90,000 96,000 100,000 100,000 112,000 119,000 126,000 130,000 —
Revenue/emp, $m 0.13 0.12 0.12 0.13 0.15 0.15 0.15 0.15 0.15 0.00
Income, $m
Income, $m Revenue 10,889 11,221 11,864 12,632 14,630 16,252 17,457 18,490 18,939 20,339
Gross margin, % 52.71 53.24 53.65 53.60 52.75 52.13 51.96 53.09 52.62 52.34
EBT 1,925 1,636 2,031 2,217 2,749 3,079 3,168 3,337 3,134 3,251
EBT margin, % 17.68 14.58 17.12 17.55 18.79 18.95 18.15 18.05 16.55 15.98
Net income 1,281 1,338 1,617 1,733 2,170 2,430 2,528 2,662 2,498 0
Depreciation 331 353 378 408 421 453 507 562 626 —
Per share, $
Per share, $ Revenue 383.00 416.06 475.20 536.62 657.89 808.29 943.12 1,068.25 1,128.04 1,234.06
Earnings 45.05 49.59 64.78 73.62 97.60 120.83 136.60 153.82 148.80 156.11
Cash flow 55.24 77.13 85.26 115.55 158.23 159.70 158.88 173.56 185.68 0.00
Capex (19.38) (19.36) (19.60) (18.95) (26.61) (33.44) (43.04) (61.97) (79.06) 0.00
Free cash flow 35.87 57.77 65.65 96.61 131.62 126.26 115.84 111.58 106.62 0.00
Book value (50.24) (56.37) (68.65) (37.30) (80.84) (176.00) (235.00) (274.40) (203.37) (151.84)
Shares, m 28 27 25 24 22 20 19 17 17 16
Valuation, ×
Valuation, × P/E 11.71 15.45 16.99 16.29 14.67 17.12 17.75 20.39 28.09 19.14
P/S 1.38 1.84 2.32 2.23 2.28 2.59 2.67 2.94 3.71 2.40
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales 1.86 2.31 2.78 2.57 2.60 2.97 3.11 3.44 4.18 2.85
EV/FCF 20.07 16.75 20.27 13.15 11.50 18.82 26.43 33.09 44.49 35.73
Cash, $m
Cash, $m Operating cash flow 1,571 2,080 2,129 2,720 3,519 3,211 2,941 3,004 3,117 —
Capex (551) (522) (489) (446) (592) (672) (797) (1,073) (1,327) —
Free cash flow 1,020 1,558 1,639 2,274 2,927 2,539 2,144 1,931 1,790 —
Balance, $m
Balance, $m Working capital (155) (393) (483) 529 (954) (1,960) (1,732) (1,407) (1,178) (1,000)
Total debt 5,081 5,006 5,206 5,513 5,270 6,122 7,669 9,024 8,800 9,078
Net debt 4,788 4,788 5,030 3,763 4,098 5,858 7,391 8,726 8,528 8,752
Shareholders’ equity (1,428) (1,520) (1,714) (878) (1,798) (3,539) (4,350) (4,750) (3,414) (2,502)
Returns, %
Returns, % ROA 14.34 14.38 16.81 14.25 15.00 16.31 16.18 16.06 13.68 12.55
ROIC 38.70 34.63 41.77 52.38 79.98 88.16 71.38 59.55 44.12 37.23
ROE (79.66) (90.72) (100.01) (133.73) (162.24) (91.06) (64.10) (58.52) (61.20) 0.00
Negative figures in brackets.

All 10 years →

Fiscal years to Aug 2026 · latest quarter Aug 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

AutoZone, Inc. vs peers in Auto Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ORLY O'Reilly Automotive, Inc. $71.6B 28.2× 27.7× +8.11% (above 0%: growing) +11.54% (above 0%: growing) +53.77% (above 0%: growing) 51.45% 20.15% Compare
AZO AutoZone, Inc. $50.0B 20.0× 17.8× +5.64% (above 0%: growing) +14.29% (above 0%: growing) +7.88% (above 0%: growing) 53.34% 19.97%
GPC Genuine Parts Company $18.4B 514× 13.9× +6.04% (above 0%: growing) −9.84% (below 0%: shrinking) +249.48% (above 0%: growing) 37.80% 5.15% Compare
BWA BorgWarner Inc. $12.0B 28.7× 14.4× +0.27% (above 0%: growing) +32.04% (above 0%: growing) −0.40% (below 0%: shrinking) 19.76% 10.14% Compare
AUR Aurora Innovation, Inc. $10.8B — (loss-making) — (loss-making) +100.00% (above 0%: growing) n/m −69.54% (below 0%: shrinking) (250.00%) (13,300.00%) Compare
APTV Aptiv PLC $9.4B 42.3× 16.4× +2.34% (above 0%: growing) −35.00% (below 0%: shrinking) −91.57% (below 0%: shrinking) 23.67% 11.21% Compare
ALSN Allison Transmission Holdings, Inc. $9.3B 17.6× 13.1× +92.38% (above 0%: growing) −6.03% (below 0%: shrinking) +83.66% (above 0%: growing) 32.89% 18.58% Compare
ALV Autoliv, Inc. $8.5B 13.6× 12.4× +3.28% (above 0%: growing) −37.50% (below 0%: shrinking) +107.32% (above 0%: growing) 18.16% 6.89% Compare
MOD Modine Manufacturing Company $8.2B 56.0× 37.5× +28.02% (above 0%: growing) +44.21% (above 0%: growing) −2,600.00% (below 0%: shrinking) 20.82% 8.56% Compare
Median of peers $10.1B 28.7× 14.4× +7.08% −6.03% +26.69% 22.24% 9.35%

All 53 Auto Parts stocks →

AZO metrics, ten years each

AutoZone, Inc. (AZO) key facts

  • Strength: AutoZone, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $20.3 billion, up 7.39% from fiscal 2025.
  • AutoZone, Inc. (AZO) is an Auto Parts company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, AZO traded at $3,120.59, a market capitalization of $50.0 billion.
  • At that price the stock trades at 20.0× trailing-twelve-month earnings and 2.5× sales; its P/E is higher than 70% of its own readings over the past ten years.
  • Return on equity was 0.00% and debt-to-equity -3.63.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.

AutoZone, Inc. (AZO) Latest News

3 Jun

26 May

Impact 4 · transcript
stockrow.com/AZO · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com